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Session 1: Ethical and Professional Standards
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7 q. ^0 f3 q$ i. HReading 2-II: Standards of Professional Conduct & Guidance: Integrity of Capital Markets# N: H% W( y, |' m5 \, g5 W* x
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LOS B.: Market Manipulation.
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5 G7 Y* Y5 K* E0 G. S& lSteve Waters, a CFA Level I candidate, has decided to enter into a long position of Farmco stock. Since Farmco is thinly traded, Waters is concerned the order will overwhelm the liquidity of Farmco and the price will surge. Waters engages in a series of block trades in order to accomplish the purchase. According to Standard II(B), Market Manipulation, Waters has engaged in:# H/ i5 G( ?+ L# X8 w0 Z9 ]* I
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发表于 2015-12-15 18:13:54
发表于 2019-5-20 13:22:13